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Large Ethereum Holders Increased Purchases During Recent 15 Percent Price Drop
(2 hours ago) · 1 source · Summarized by CryptoBipto
Ethereum's price fell approximately 15 percent over a five-day period. During this decline, blockchain data reportedly showed that large holders, often called whales, accumulated additional ETH. The buying activity by these large wallets occurred while smaller holders were selling.
WHY IT MATTERS
In crypto, a "whale" is someone who holds a very large amount of a particular cryptocurrency — similar to how a big investor in the stock market might own a huge number of shares.
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SOURCES
- cryptopotato.com
RELATED
ETHEthereumWhale ActivityOn-Chain AnalysisPrice Movement
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